News
Six best practices for combating fraud and corruption
Pressure to generate growth in a challenging economic climate keeps many managers from addressing fraudulent and corrupt behaviour, especially in rapid-growth markets.OECD releases framework for co-operative tax compliance
The OECD has some advice for multinational corporations: If you are more forthcoming in disclosing your tax positions, you can expect more certainty in their tax treatment.What opportunities are hidden in your supply chain?
Supply chains present opportunities for manufacturers to identify efficiencies and innovations that can create a competitive advantage.Boot the budget? Why rolling forecasts might make more sense
Traditional budgeting practices are keeping finance departments from remaining relevant in their companies, consultant Steve Player, CPA, CGMA, says.Incentives important in US finance executives’ compensation
Salary increases for US finance executives were less generous this year than in 2012. Incentives, such as annual target bonuses and stock-based, long-term awards, continue to play an important role in compensation, research suggested.IASB chair: Lease changes unpopular, but necessary
International Accounting Standards Board (IASB) Chairman Hans Hoogervorst acknowledged the converged lease accounting proposal is bound to be unpopular with many companies.Much-awaited leases proposal includes dual-recognition approach
One of the most challenging international convergence projects attempted by the US Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) cleared an important hurdle with the proposal of a revised financial reporting standard for leases.Frustration recedes, optimism rises for CFOs
CFOs are shedding their concerns over the economy in favor of a newfound optimism about the future, according to a new survey.A non-traditional approach to finance management
Corporate trainer Tom Steiner offers insight in getting CFOs to think outside their traditional box.Seven ways to address IT vulnerability
As hacking gets more complex, businesses must do more to protect critical systems. IT security expert Mike Foster offers strategies for businesses to keep out cybercriminals.Singapore announces measures to fight international tax evasion
Singapore has announced that will take steps to expand its exchange of financial information with other countries.As role changes, finance chiefs must master new languages
Nick Araco, the CEO of The CFO Alliance, explains what’s on the minds of finance chiefs in a Q&A about where CFOs have been and where they’re going.Six key components of analytics-based performance management
When business analytics are applied to intelligence within an organisation, deep insight and foresight is produced.Newly released COSO framework a fresh look at internal control
An important development in the internal control landscape was completed with the release of an update to the integrated framework of the Committee of Sponsoring Organizations of the Treadway Commission (COSO).8 steps to update internal control
These eight steps can help organisations implement the newly updated internal control framework of the Committee of Sponsoring Organizations of the Treadway Commission (COSO).Six ways to get finance out of the silo
As a growing number of companies look to form stronger links between finance and other business functions, managers are finding a shortage of finance professionals with business-partnering skills, new research suggests.Four insights from John Lewis Partnership’s Charlie Mayfield
Charlie Mayfield, chairman of the John Lewis Partnership, offers insight on long-term business success.More US companies poised to spend stockpiled cash, survey shows
US corporate treasurers continue to be more likely to deploy cash compared with previous years, according to a quarterly survey by the Association for Financial Professionals (AFP).Push for automatic exchange of tax information gathers momentum in Europe
Ahead of a meeting of the Economic and Financial Affairs Council and the European Council, European Commission President José Manuel Barroso announced that the commission will propose an expansion of the automatic exchange provisions of the Council Directive 2011/16/EU to cover “all relevant types of income”.
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